News
Important Only
Silver Price Forecast: XAG/USD rally hits pause as US defers import tariffs on critical minerals
Silver price (XAG/USD) trades over 2% lower to near $90.40 during the Asian trading session on Friday. The white metal struggles to extend its rally after posting a fresh all-time high near $93.90 on Wednesday.
Fxstreet
Fri, Jan 16
PRECIOUS-Gold slips as upbeat US data boosts dollar, dims rate-cut bets
Gold extended its losses on Friday after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner and softening geopolitical frictions shrunk safe-haven demand for the metal.Reuters
Fri, Jan 16
Taiwan, South Korean stocks at record highs on TSMC-driven AI rally
Equities in Taiwan and South Korea hit record levels on Friday as optimism over a sustained global AI rally surged following strong profits from chipmaker TSMC, with a U.S.-Taiwan trade deal further boosting risk-on sentiment.Reuters
Fri, Jan 16
Internet Computer Price Forecast: ICP extends rally as bulls target levels above $5
Internet Computer (ICP) trades above $4.30 on Friday, up more than 40% so far this week. The bullish price action is further supported by strengthening on-chain and derivatives data. On the technical side, it suggests rally continuation with bulls targeting levels above $5.Fxstreet
Fri, Jan 16
RPT-ANALYSIS-Musk dealt blow over Grok deepfakes, but regulatory fight far from over
Elon Musk's Grok chatbot is testing Europe's ability to clamp down on deepfakes and digital undressing of images online, even after regulators scored a rare win by forcing Musk's xAI to curb the creation of sexualized images.Reuters
Fri, Jan 16
Mark Carney met Xi Jinping in Beijing to push Canada’s trade ties beyond the U.S.
Mark Carney met Xi Jinping in Beijing this week, signaling a shift in how Canada wants to play the global game. While Donald Trump pushes more countries away with his “America First” trade rules, Canada is looking for other options.Cryptopolitan
Fri, Jan 16
CORRECTED-EXPLAINER-Donald Trump versus the Federal Reserve - what you need to know
By Andy Sullivan WASHINGTON, Jan 12 (Reuters) - Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank’s headquarters.The a...Reuters
Fri, Jan 16
Copper pulls back from record on fading US tariff concerns and firmer dollar
LONDON, Jan 15 (Reuters) - Copper pulled back from a record high on Thursday on a stronger dollar and easing concerns over the potential imposition of U.S. tariffs on the metal. Benchmark three-month copper CMCU3 on the London Metal Exchange was down 0.6% at $13,108 a metric ton as of...Reuters
Fri, Jan 16
Weekly US jobless claims fall unexpectedly, but labor market treading water
WASHINGTON, Jan 15 (Reuters) - The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, but the drop was likely due to ongoing challenges adjusting the data for seasonal fluctuations around this time of the year.Reuters
Fri, Jan 16
US and Taiwan reach trade deal, with semiconductor chips and China in focus
Taiwan offers investment in exchange for lower tariffsFast-growing TSMC looks to expand in ArizonaDeal deepens ties between Washington and Taipei as China tensions simmerMany of Trump's tariffs still face Supreme Court reviewTaiwan needs 'to keep our president happy' to protect 'thei...Reuters
Fri, Jan 16
Dollar hits six-week high as US jobless claims unexpectedly fall
NEW YORK, Jan 15 (Reuters) - The dollar reached a six-week high on Thursday after data showed that the number of Americans filing new applications for unemployment benefits unexpectedly fell last week, further boosting expectations that the Federal Reserve will keep rates on hold for the next severaReuters
Fri, Jan 16
Oil settles down 4% as Trump comments ease Iranian supply concerns
HOUSTON, Jan 15 (Reuters) - Oil prices settled down around 4% on Thursday ending a five-day streak of gains after U.S. President Donald Trump said the crackdown on protesters in Iran was easing, allaying concerns over potential military action against Iran and oil supply disruptions.Reuters
Fri, Jan 16
IMF's Georgieva says central bank independence critical, backs Powell
KYIV, Jan 15 (Reuters) - International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve Chair Jerome Powell, who is facing a Trump administration investigation for renovationReuters
Fri, Jan 16
Wall Street ends higher; banks gain following results, chips rally with TSMC
NEW YORK, Jan 15 (Reuters) - U.S. stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly results, while Taiwan-based chipmaker TSMC's blockbuster results boosted shares of U.S. chipmakers.Reuters
Fri, Jan 16
Wall Street dynamic duo achieves the impossible
NEW YORK, Jan 15 (Reuters Breakingviews) - Goldman Sachs GS.N and Morgan Stanley MS.N have valuation gaps that challenge even their formidable investment bankers. The Wall Street duo delivered sparkling quarterly results on Thursday and for the first time are trading at multiple...Reuters
Fri, Jan 16
